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Category Archives: Automotive

Amazon will invest $970 million in electric vehicles for its European fleet

New York – CNN Business — Amazon said Monday it plans to spend €1 billion, or $972 million, on electric vehicles for its European fleet. The investment would increase the […]

IAA 2022, Mercedes-Benz Trucks unveils the eActros LongHaul: 500 km range, 600 kWh battery capacity

Three battery packs provide an installed total capacity of over 600 kWh. Two electric motors, as part of a new e-axle, generate a continuous output of 400 kW and a […]

Toyota Residential Storage Battery System Based on EV Battery Tech

Toyota Motor Corporation has developed residential batteries based on many years of electrified vehicle development, as well as on-board parts and units, to create the O-Uchi Kyuden System, a home […]

Global electric vehicle sales up 109% in 2021, with half in Mainland China

In new research on the global electric vehicle market, Canalys estimates that 6.5 million electric vehicles (EVs) were sold worldwide in 2021, up 109% on 2020. EVs include fully electric and […]

Volvo Cars and Northvolt to build new 3,000-job battery plant in Gothenburg, Sweden

Volvo Cars and Northvolt have selected Gothenburg to establish a new 50 GWh battery manufacturing plant which will commence operations in 2025. Volvo Cars and Northvolt have selected Gothenburg, Sweden, […]

Polestar to be listed on Nasdaq with Gores Guggenheim, implying an enterprise value of U.S. $20billion

Volvo Cars’ affiliate Polestar to be listed in planned combination with Gores Guggenheim, implying an enterprise value of approximately U.S. $20bn for the combined company Volvo Cars, the largest shareholder […]

BrightDrop Announces Walmart as New EV Customer, Expands Collaboration with FedEx

BrightDrop Announces Walmart as New EV Customer and Expands Collaboration with FedEx at CES In just one year since the company’s launch, BrightDrop starts 2022 with strong momentum from substantial […]

Sony Group to set up company to mass-produce electric vehicles

Electronics conglomerate Sony Group Corp. said it will set up a subsidiary this spring with the aim of mass-producing electric vehicles, a prospect that could transform Japan’s motor industry. It […]

Hyundai pauses hydrogen fuel cell project and ends ICE engines

Hyundai has suspended development of their Genesis hydrogen fuel cell vehicle indefinitely, according to Chosun Ilbo. The news comes hot on the heels of Hyundai announcing an end to internal […]

M5 site eyed for £1billion electric car factory by both Amazon firm Rivian and Tesla – reports

‘Gigafactory’ would create an estimated 5,000 jobs An Amazon-backed electric car company is eyeing up a site near the M5 in Somerset for a £1billion gigafactory – but they could […]

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Recent Posts

  • Amazon will invest $970 million in electric vehicles for its European fleet
  • IAA 2022, Mercedes-Benz Trucks unveils the eActros LongHaul: 500 km range, 600 kWh battery capacity
  • bp Statistical Review of World Energy 2022
  • Appointment news: top experts in the field steer the electrification of traffic at Enerqo Oy
  • Toyota Residential Storage Battery System Based on EV Battery Tech

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